What is the main purpose of mid-term objectives in organizational planning?

The main purpose of mid-term objectives in organizational planning is indeed to serve a similar purpose as short-term objectives, typically completed within a timeframe of one to three years. Mid-term objectives act as a bridge between the organization's long-term goals and immediate operational tasks. They allow organizations to make meaningful progress within a reasonable time frame while remaining aligned with their overall strategic vision.

These objectives help to clarify the direction the organization is heading in and ensure that critical milestones are set along the way. By focusing on achievable goals that can be tracked and evaluated, mid-term objectives help an organization measure progress, reallocate resources if necessary, and adjust strategies to meet long-term aspirations.

In contrast, elements such as outlining a long-term strategy, detailing daily operational tasks, or establishing company values and mission are more aligned with either broader strategic planning or day-to-day operational concerns, rather than the specific function mid-term objectives serve in bridging those timeframes.